WoodTrust Financial Corp Purchases 96,477 Shares of Walmart Inc. (NYSE:WMT)

WoodTrust Financial Corp raised its position in shares of Walmart Inc. (NYSE:WMT) by 201.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 144,377 shares of the retailer’s stock after acquiring an additional 96,477 shares during the period. Walmart makes up approximately 0.9% of WoodTrust Financial Corp’s investment portfolio, making the stock its 19th largest position. WoodTrust Financial Corp’s holdings in Walmart were worth $8,687,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new position in Walmart during the fourth quarter valued at approximately $3,674,652,000. BlueSpruce Investments LP acquired a new position in shares of Walmart during the fourth quarter worth $568,419,000. International Assets Investment Management LLC increased its holdings in shares of Walmart by 15,371.4% during the fourth quarter. International Assets Investment Management LLC now owns 3,511,225 shares of the retailer’s stock worth $553,545,000 after buying an additional 3,488,530 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Walmart by 11.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 20,235,920 shares of the retailer’s stock worth $3,190,194,000 after buying an additional 2,150,351 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of Walmart by 207.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,279,715 shares of the retailer’s stock worth $137,170,000 after buying an additional 1,537,828 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

WMT has been the subject of several research analyst reports. HSBC upped their price target on shares of Walmart from $70.00 to $81.00 and gave the stock a “buy” rating in a report on Tuesday, June 11th. Barclays upped their price target on shares of Walmart from $60.00 to $66.00 and gave the stock an “overweight” rating in a report on Monday, May 20th. Royal Bank of Canada upped their price target on shares of Walmart from $62.00 to $70.00 and gave the stock an “outperform” rating in a report on Friday, May 17th. BMO Capital Markets boosted their price objective on shares of Walmart from $65.00 to $75.00 and gave the stock an “outperform” rating in a research note on Friday, May 17th. Finally, UBS Group boosted their price objective on shares of Walmart from $63.00 to $69.00 and gave the stock a “buy” rating in a research note on Tuesday, May 7th. Three analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.97.

Insider Buying and Selling at Walmart

In other Walmart news, major shareholder Alice L. Walton sold 3,633,800 shares of the stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $66.80, for a total value of $242,737,840.00. Following the completion of the sale, the insider now owns 636,898,811 shares in the company, valued at approximately $42,544,840,574.80. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, EVP John D. Rainey sold 3,000 shares of the stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $59.08, for a total transaction of $177,240.00. Following the completion of the transaction, the executive vice president now directly owns 521,613 shares of the company’s stock, valued at approximately $30,816,896.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Alice L. Walton sold 3,633,800 shares of the stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $66.80, for a total transaction of $242,737,840.00. Following the transaction, the insider now directly owns 636,898,811 shares of the company’s stock, valued at $42,544,840,574.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 14,502,762 shares of company stock worth $951,475,618. Insiders own 45.58% of the company’s stock.

Walmart Trading Down 0.3 %

WMT opened at $67.71 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.80 and a quick ratio of 0.23. Walmart Inc. has a fifty-two week low of $49.85 and a fifty-two week high of $69.04. The firm has a market capitalization of $544.63 billion, a PE ratio of 28.98, a P/E/G ratio of 3.91 and a beta of 0.52. The company’s 50-day moving average is $64.07 and its 200 day moving average is $59.35.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, May 16th. The retailer reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.08. The company had revenue of $161.50 billion for the quarter, compared to analyst estimates of $159.57 billion. Walmart had a net margin of 2.88% and a return on equity of 21.57%. The firm’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.49 EPS. As a group, research analysts predict that Walmart Inc. will post 2.42 earnings per share for the current fiscal year.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.